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Nov 29, 2012
11/12
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even among senate democrats, there are deep divisns over whether to include cuts to medicare or medicaid. intel not reform, should it be part of the fiscal cliff talks? here is what some of you are tweeting me. if there is not entitlement reform and we are not backing away from the cliff, we are really doing the tango dane along theedge. randy degrees. you have to curb them to bring in spending. here isrobert. without it talkare a waste of time, probably a wate anyway. ask the question. 91 percent of you said yes. 9 percent said no. surprising. here are your e-mails. says this country is so divided maybe it'' time to reinssate the mason-dixon line, get everyone five years to move to whatever side they believe that. i think they're on both sides. liberals and conservatives. ronnie from florida says to my two presidents in my lifetime had bad economies going into their terms and up to the same thing at work but ties. john f. kennedy and ronald reagan. control spending and cut all taxes. it does not take an economics degree a figure that out. finally, carol from california. we want the hous
even among senate democrats, there are deep divisns over whether to include cuts to medicare or medicaid. intel not reform, should it be part of the fiscal cliff talks? here is what some of you are tweeting me. if there is not entitlement reform and we are not backing away from the cliff, we are really doing the tango dane along theedge. randy degrees. you have to curb them to bring in spending. here isrobert. without it talkare a waste of time, probably a wate anyway. ask the question. 91...
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Nov 29, 2012
11/12
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her monthly medicare premium is $115. her wealthier neighbors already pay up to $254 more per honesty because they make more than $58,000 a year. new changes could make them pay even more. since nearly every senior is or will use medicare, these changes could affect tens of millions of people. >> what happens if we go off the fiscal cliff? >> it comes to the white coats, the doctors. that's one thing to watch here. because the doctors, the money they get from medicare, that could go down almost 30%. the result, fitch says medicare recipients would have even lower access to doctors, hospitals, and the industry overall would also see a severe negative effect as money coming into the industry, that goes down. this is the number of medicare recipients they expect to thk by some 20 million in the next decade. >> and we heard from chris van hollen, he is against raising the age of eligibility. so lots still to be decided. but thanks for helping us with that. that will wrap up this hour of jansing and company. thomas roberts is
her monthly medicare premium is $115. her wealthier neighbors already pay up to $254 more per honesty because they make more than $58,000 a year. new changes could make them pay even more. since nearly every senior is or will use medicare, these changes could affect tens of millions of people. >> what happens if we go off the fiscal cliff? >> it comes to the white coats, the doctors. that's one thing to watch here. because the doctors, the money they get from medicare, that could go...
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Nov 30, 2012
11/12
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requiring drugmakers to pay rebates to medicare in some circumstances. and they want to reduce costs by discouraging hospitals from releasing patients too early and then readmitting them which is more expensive. also, reducing coverage of bad debts of hospitals and nursing homes. and charging higher premiums to high-income beneficiaries. there is nothing in those four measures which raises the eligibility age or cuts benefits to medicare recipients. today, we got further confirmation about the administration's proposal in the fiscal cliff negotiations. medicare and other entitlements would be cut by $400 billion over 10 years. let's bring in wendell potter, to sort it out. mr. potter is a columnist for the center for public integrity and "the huffington post" and author of the book "deadly spin." wendell, great to have you back with us here on "the ed show." >> thank you, ed. >> sort this out for us. when the white house says it has in its budget a cut of $340 billion, maybe up to $400 billion, is that going to hit beneficiaries? is that going to affect
requiring drugmakers to pay rebates to medicare in some circumstances. and they want to reduce costs by discouraging hospitals from releasing patients too early and then readmitting them which is more expensive. also, reducing coverage of bad debts of hospitals and nursing homes. and charging higher premiums to high-income beneficiaries. there is nothing in those four measures which raises the eligibility age or cuts benefits to medicare recipients. today, we got further confirmation about the...
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Nov 29, 2012
11/12
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we will not negotiate the end to medicare. we will negotiate reforms and improvements to medicare. we will not negotiate the end of medicare. i don't know what it is with these republicans, why they are so obsessed with asking senior citizens on medicare to be the very first to sacrifice the most. we ought to be looking at other priorities first. >> congressman, we asked the question a lot about the white house holding their ground. what about boehner, what if he gives in on this issue? what do you think that does to him politically? does it enhance his position, because he could always say, well, the majority of american people want these tax cuts for the 98% or does this make him toxic? >> i think there is a time for politics and a time for governing. we are now approaching this fiscal cliff. it is time to govern. this election was a mandate for solutions. it was a mandate for consensus and compromise. house democrats have already said we would compromise. we want to get to higher ground with the republicans. i hope that speaker boehner will also see the handwriting on the wall a
we will not negotiate the end to medicare. we will negotiate reforms and improvements to medicare. we will not negotiate the end of medicare. i don't know what it is with these republicans, why they are so obsessed with asking senior citizens on medicare to be the very first to sacrifice the most. we ought to be looking at other priorities first. >> congressman, we asked the question a lot about the white house holding their ground. what about boehner, what if he gives in on this issue?...
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Nov 30, 2012
11/12
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remember, all medicare supplement insurance plans help cover what medicare doesn't pay. and could save you thousands a year in out-of-pocket costs. call now to request your free decision guide. and learn more about the kinds of plans that will be here for you now -- and down the road. i have a lifetime of experience. so i know how important that is. >>> and in "the big finish" tonight, senator john mccain waged a personal war against susan rice over the last several weeks. in fact, senator mccain doesn't normally shy away from war. in march of 2011 mccain was one of the first senators to call for a no fly zone and air strikes against libya. then in may, after control of libya's no-fly zone had been given to nato, mccain called for more u.s. involvement. >> are you saying take nato out of it and put the united states in? >> no, have nato remain in, all seven of our allies were willing to, but the united states has got to get its assets back into the air fight. and we've got to do it very strenuously. >> assets into the air fight. meaning air war. our planes and our guys.
remember, all medicare supplement insurance plans help cover what medicare doesn't pay. and could save you thousands a year in out-of-pocket costs. call now to request your free decision guide. and learn more about the kinds of plans that will be here for you now -- and down the road. i have a lifetime of experience. so i know how important that is. >>> and in "the big finish" tonight, senator john mccain waged a personal war against susan rice over the last several weeks. in...
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Dec 3, 2012
12/12
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and become the first and only national medicare advantage company to achieve a 5-star rating for a medicare plan... your efforts result in the quality of care and service we're able to provide... which means better health outcomes... and more quality time to share with the ones who matter most. i love you, grandma! [ male announcer ] humana. ♪ since then, there's been one wedding, 2 kids, and 43 bottles of olay total effects. so in spite of 185 tantrums 378 pre-dawn starts and a lot of birthdays, caroline still looks amazing. you can challenge what's possible thanks to the trusted performance of olay. 60 years, millions of women, real results. 60 years, millions of women, well that was uncalled for. folks who save hundreds of dollars switching to geico sure are happy. how happy, ronny? happier than gallagher at a farmers' market. get happy. get geico. chances are, you're not made of money, so don't overpay for motorcycle insurance. geico, see how much you could save. >>> right now
and become the first and only national medicare advantage company to achieve a 5-star rating for a medicare plan... your efforts result in the quality of care and service we're able to provide... which means better health outcomes... and more quality time to share with the ones who matter most. i love you, grandma! [ male announcer ] humana. ♪ since then, there's been one wedding, 2 kids, and 43 bottles of olay total effects. so in spite of 185 tantrums 378 pre-dawn starts and a lot of...
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Nov 29, 2012
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women are also disproportionately reliant on medicare. women have higher tendency to experience what they call co-occurring chronic health problems that require medication that can be very expensive. women are also disproportiona disproportionately reliant on medicaid. fully half of medicaid dollars support nursing homes in this country. of course, the vast majority of residents of nursing homes are women. a lot of people don't realize this or don't think about it. the vast majority of workers in nursing homes are also women. so the thousands of nursing homes that could be shut down if we did to medicaid, for example, what paul ryan wanted to do to it, i don't know where those women would go or where the laid off women would get jobs. so, yeah. the threats to medicare and medicaid and then there's the whole range of social programs. services -- excuse me -- for survivors of domestic violence and sexual assault. after-school programs for children. child nutrition. job training. all of those programs, by the way, last year were cut to the t
women are also disproportionately reliant on medicare. women have higher tendency to experience what they call co-occurring chronic health problems that require medication that can be very expensive. women are also disproportiona disproportionately reliant on medicaid. fully half of medicaid dollars support nursing homes in this country. of course, the vast majority of residents of nursing homes are women. a lot of people don't realize this or don't think about it. the vast majority of workers...
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Dec 5, 2012
12/12
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like all standardized medicare supplement plans, they pick up some of what medicare doesn't pay. and could save you in out-of-pocket medical costs every year. call today to request a free decision guide. with this type of plan, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and you'll never need a referral to see a specialist. if you're thinking about your options, call today. when you call, request your free decision guide. and find the aarp medicare supplement plan that may be right for you. hi, i'm ensure clear... clear, huh? i'm not juice or fancy water. i've got nine grams of protein. that's three times more than me! [ female announcer ] ensure clear. nine grams protein. zero fat. in blueberry/pomegranate and peach. >>> discussions we've had with the white house have broken down for two reasons. first, they insisted on raising taxes. secondly, they've refused to get serious about cutting spending and making the tough choices that are facing our country on entitlement reform. >> sound familiar that? that was john
like all standardized medicare supplement plans, they pick up some of what medicare doesn't pay. and could save you in out-of-pocket medical costs every year. call today to request a free decision guide. with this type of plan, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and you'll never need a referral to see a specialist. if you're thinking about your options, call today. when you call, request your free decision guide. and...
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Nov 29, 2012
11/12
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CNNW
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government, charging davita with massive medicare fraud. they stand to make millions if they're found guilty. they refused to talk, but the attorney did. >> the allegations were simple, that davita was being paid to throw away medicine, and came up with schemes, as the plaintiffs called it, grids to maximumize the profits, what are their claims? >> well, that is just wrong, if you look at the facts of the case, first of all, the doctors make dosing decisions. when you look at what the practices were, decisions were being made by doctors based on what was in the best interest of their patients. and they took into account a variety of things. you can't just look at you know, one issue, you have to look at things like infection control. what the patient is going to do, how the patient is going to do with particular doses. and so during that entire time, what we did, what the doctors did was appropriate. >> but other companies, including davita's main competitor used smaller vials, smaller combinations, limiting what was thrown away. davita onl
government, charging davita with massive medicare fraud. they stand to make millions if they're found guilty. they refused to talk, but the attorney did. >> the allegations were simple, that davita was being paid to throw away medicine, and came up with schemes, as the plaintiffs called it, grids to maximumize the profits, what are their claims? >> well, that is just wrong, if you look at the facts of the case, first of all, the doctors make dosing decisions. when you look at what...
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Nov 30, 2012
11/12
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like all standardized medicare supplement plans, they cover some of what medicare doesn't pay. and could save you in out-of-pocket medical costs. call today to request a free decision guide to help you better understand medicare and which aarp medicare supplement plan works best for you. with this type of plan, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and you'll never need a referral to see a specialist. there's a range of plans to choose from, too. and they all travel with you. anywhere in the country. join the millions who have already enrolled in the only medicare supplement plans endorsed by aarp, an organization serving the needs of people 50 and over for generations... and provided by unitedhealthcare insurance company, which has over 30 years of experience behind it. call today. remember, all medicare supplement plans help cover some of what medicare doesn't pay -- expenses that could really add up. these kinds of plans could save you in out-of-pocket medical costs. you'll be able to choose any doctor w
like all standardized medicare supplement plans, they cover some of what medicare doesn't pay. and could save you in out-of-pocket medical costs. call today to request a free decision guide to help you better understand medicare and which aarp medicare supplement plan works best for you. with this type of plan, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and you'll never need a referral to see a specialist. there's a range of...
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Dec 5, 2012
12/12
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we can get $240 billion by allowing medicare to negotiate like the v.a. does. people are knocking down the door. those are things to bring them forward. if marcia brings forward and says we need to talk about the age or whatever, bring that forward. i'm going to make a determination on what's best in the long term interest. >> i read "the new york times" and the good news is we're not going over the cliff. if republicans don't like the deal they're cutting they'll do the plan. >> it is impossible to say what is going to be the approach. there's also the idea that they will do a short term status quo. marries it up with a resolution into march. thoughtful and more thorough. that merits consideration. >> it feels like that's all coming. minnesota, tennessee rae suspectively, democrat/republican. thanks for coming on this morning. appreciate it. >> yes, chuck. >>> how far does the power of the presidency reach? recess appointments. breaking the glass ceiling. the results of the caucus leadership elections and who harry read is calling a rising star in the party. f
we can get $240 billion by allowing medicare to negotiate like the v.a. does. people are knocking down the door. those are things to bring them forward. if marcia brings forward and says we need to talk about the age or whatever, bring that forward. i'm going to make a determination on what's best in the long term interest. >> i read "the new york times" and the good news is we're not going over the cliff. if republicans don't like the deal they're cutting they'll do the plan....
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Nov 29, 2012
11/12
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it could be the largest case of medicare fraud in u.s. history. here is drew griffin. >> looks good. >> reporter: it was just by chance dr. alan boehner, a medical director in georgia, was discussing clinic procedures with one of the nurses, daniel barber. and the two saw something they believed they saw was very wrong. medicine, lots of it, was being tossed in the trash. and the clinic workers were being told to do it. >> when we sat down and we started talking about it, and getting into details, we actually realized exactly what is going on. >> reporter: the alleged waste being carried out on a massive scale and nurses and doctor knew almost immediately just why. it was a way for the company, davita to fraud the government, overbill medicare and maedicaid and make money. we're talking about a fortune. >> hundreds of millions, easily. off the profits of this company, direct from those schemes. only from those two drugs. hundreds of millions of dollars. >> reporter: and because we're talking about defrauding medicaid and medicare, that's hundreds
it could be the largest case of medicare fraud in u.s. history. here is drew griffin. >> looks good. >> reporter: it was just by chance dr. alan boehner, a medical director in georgia, was discussing clinic procedures with one of the nurses, daniel barber. and the two saw something they believed they saw was very wrong. medicine, lots of it, was being tossed in the trash. and the clinic workers were being told to do it. >> when we sat down and we started talking about it, and...
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Nov 29, 2012
11/12
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like all standardized medicare supplement plans, they help cover some of the expenses medicare doesn't pay. and save you up to thousands in out-of-pocket costs. to find out more, request your free decision guide. call or go online today. after all, when you're going the distance, it's nice to have the experience and commitment to go along with you. keep dreaming. keep doing. go long. i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. >>> welcome back to "hardball." it's not the best of time for grover norquist. with republicans starting to kiss off his anti-text pledge, here's stephen colbert. >> obama's answer to taxes is to raise taxes on the wealthy because he ran on that promise and won the elections. it's like he's totally disregarding my dismisses ive finger quotes. what part of this don't you understand? president obama? republicans mi
like all standardized medicare supplement plans, they help cover some of the expenses medicare doesn't pay. and save you up to thousands in out-of-pocket costs. to find out more, request your free decision guide. call or go online today. after all, when you're going the distance, it's nice to have the experience and commitment to go along with you. keep dreaming. keep doing. go long. i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a...
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Dec 3, 2012
12/12
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remember, all medicare supplement insurance plans help cover what medicare doesn't pay. and could save you thousands a year in out-of-pocket costs. call now to request your free decision guide. and learn more about the kinds of plans that will be here for you now -- and down the road. i have a lifetime of experience. so i know how important that is. >>> welcome back. there is new speculation that hillary clinton will run for president in 2016. fueling the newest speculation you might ask? here appearance at the annual conference on middle east policy that took place in washington friday night. more than 10 minute video tribute. secretary clinton was praised by political rivals from senator onmccain and the president and by other world leaders. >> someone who knows a thing or two about political comebacks, i don't think we've heard the last of hillary clinton. ♪ girl you're amazing just the way you are ♪ >> i just have an instinct that the best is yet to come. >> i prepared some remarks for tonight, but then i thought maybe we could just watch that video a few more ti
remember, all medicare supplement insurance plans help cover what medicare doesn't pay. and could save you thousands a year in out-of-pocket costs. call now to request your free decision guide. and learn more about the kinds of plans that will be here for you now -- and down the road. i have a lifetime of experience. so i know how important that is. >>> welcome back. there is new speculation that hillary clinton will run for president in 2016. fueling the newest speculation you might...
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Dec 2, 2012
12/12
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so when i found out medicare doesn't pay all my medical expenses, i got a medicare supplement insurance plan. [ male announcer ] if you're eligible for medicare, you may know it only covers about 80% of your part b medical expenses. the rest is up to you. call and find out about an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, it could save you thousands in out-of-pocket costs. call now to request your free decision guide. i've been with my doctor for 12 years. now i know i'll be able to stick with him. you'll be able to visit any doctor or hospital that accepts medicare patients. plus, there are no networks, and you never need a referral. see why millions of people have already enrolled in the only medicare supplement insurance plans endorsed by aarp. don't wait. call now. look at these teeth! they're made for meat! [ cat 2 ] do i look like i'm stalking plants? [ male announcer ] most dry foods add plant protein, like gluten but iams never adds gluten. iams adds 50% more animal protein, [ cat 3 ]
so when i found out medicare doesn't pay all my medical expenses, i got a medicare supplement insurance plan. [ male announcer ] if you're eligible for medicare, you may know it only covers about 80% of your part b medical expenses. the rest is up to you. call and find out about an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, it could save you thousands in out-of-pocket costs. call now to request your...
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Nov 29, 2012
11/12
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whether to overhaul the country's tax code and consider ways to keep the costs in social security and medicare under control. white males of the republican party will be arguing to reduce benefits while women and minority will make a case for keeping the safety net where it is. the irony is men and women have the same political power, historically. all live longer than men. in the old folks home there's one guy there -- >> very popular guy. >> his ears are enormous. all these women are there because they tend to live longer and they have an interest in social security and medicare more than men do. >> and we're also poorer. at the middle of our lives and end of our lives, we're poorer, so we rely on safety net programs and we need them. women have been much more -- going back to the reagan election of 1980 that's when you saw the gender gap because the social safety net was being threatened and women do vote. it's not only or mainly abortion, choice or contraception. it's economic issues. those come in to play, too. so i think this is -- we have today, another data point, where stuart stevens
whether to overhaul the country's tax code and consider ways to keep the costs in social security and medicare under control. white males of the republican party will be arguing to reduce benefits while women and minority will make a case for keeping the safety net where it is. the irony is men and women have the same political power, historically. all live longer than men. in the old folks home there's one guy there -- >> very popular guy. >> his ears are enormous. all these women...
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Nov 29, 2012
11/12
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CSPAN
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in the sequester, medicare is in the sequester. there will be savings from medicare in the sequester, but once again at the insistence of democrats, the savings will not come at the expense of seniors and other beneficiaries on medicare. medicare, has it been on the table? absolutely. but we have been smart with this -- we do not go after benefits for those who earn them. we try to make sure we get rid of the waste and overspending by those who are profiting from medicare. and you can do that. this -- we are willing to put discussion. but the moment you want to privatize social security or voucherize medicare or block medicaid -- we want to strengthen those programs. not let them die. if there is a clear difference the between republicans are willing to cut benefits for seniors and -- we can find savings in medicare, but we do not have to cut the benefits senior's earned when they paid for the medicare there are now receiving. >> did mr. sperling make any of eligibility for medicare? >> we did not get into specifics. one of the thi
in the sequester, medicare is in the sequester. there will be savings from medicare in the sequester, but once again at the insistence of democrats, the savings will not come at the expense of seniors and other beneficiaries on medicare. medicare, has it been on the table? absolutely. but we have been smart with this -- we do not go after benefits for those who earn them. we try to make sure we get rid of the waste and overspending by those who are profiting from medicare. and you can do that....
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Dec 4, 2012
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high pay into medicare. -- ip into medicare. you talk about no cuts, but how come in 2011 i lost my eye benefit and hearing aid benefit? i am paying $93 a month for medicare. i pay 15% of my prescription costs. now it is $11, 43 -- $11.43. guest: we have cut congressional budgets, and that is inappropriate thing to do, and i'm sure we will look -- and that is an appropriate thing to do, and i'm sure we will look at that again. if you look to the total budget in these programs, they do not go down, they go up. we are not spending less. part of that is we are beginning the baby boomers moving into this. nobody has a reform proposal that would threaten any benefits this lady is currently receiving. nobody wants to do that. if we do not do these things, these programs go broke and her benefits will be effected. we are trying to reach a sustainable way to protect these programs. host: the gop proposal does include $200 billion come out which could effect social security benefits? guest: it could, but not immediately, and for upper- i
high pay into medicare. -- ip into medicare. you talk about no cuts, but how come in 2011 i lost my eye benefit and hearing aid benefit? i am paying $93 a month for medicare. i pay 15% of my prescription costs. now it is $11, 43 -- $11.43. guest: we have cut congressional budgets, and that is inappropriate thing to do, and i'm sure we will look -- and that is an appropriate thing to do, and i'm sure we will look at that again. if you look to the total budget in these programs, they do not go...
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Dec 1, 2012
12/12
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like all standardized medicare supplement plans, they help cover some of the expenses medicare doesn't pay. and save you up to thousands in out-of-pocket costs. to find out more, request your free decision guide. call or go online today. after all, when you're going the distance, it's nice to have the experience and commitment to go along with you. keep dreaming. keep doing. go long. [ man thinking ] oh, this gas. those antacids aren't working. oh no, not that, not here! [ male announcer ] antacids don't relieve gas. gas-x is designed to relieve gas. gas-x. the gas xperts. >>> more politics now as david axelrod opens up about what went right and wrong during the past election. axle rod says a couple things surprised him during the race. the big one, romney's decision to pick congressman paul ryan as his running mate. axle rod also says that he was surprised the pro-romney super pacs waited so late to launch attack ads. the romney campaign should have done a better job defining their candidate instead of leaving a vacuum for the obama campaign to fill in, they filled it in pretty early.
like all standardized medicare supplement plans, they help cover some of the expenses medicare doesn't pay. and save you up to thousands in out-of-pocket costs. to find out more, request your free decision guide. call or go online today. after all, when you're going the distance, it's nice to have the experience and commitment to go along with you. keep dreaming. keep doing. go long. [ man thinking ] oh, this gas. those antacids aren't working. oh no, not that, not here! [ male announcer ]...
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Nov 29, 2012
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if you're medicare eligible, call now... and talk to unitedhealthcare about our plans, like aarp medicarecomplete. let's get you on the right path. call today. ♪ till you finish your vegetables. [ clock ticking ] [ male announcer ] there's a better way...
if you're medicare eligible, call now... and talk to unitedhealthcare about our plans, like aarp medicarecomplete. let's get you on the right path. call today. ♪ till you finish your vegetables. [ clock ticking ] [ male announcer ] there's a better way...
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Nov 29, 2012
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so jill can keep living the good life. of washington about the future of medicare and social security. anncr: but you deserve straight talk about the options on the... table and what they mean for you and your family. ancr: aarp is cutting through all the political spin. because for our 37 million members, only one word counts. get the facts at earnedasay.org. let's keep medicare... and social security strong for generations to come. >>> bad cops learned an important lesson when they saw this video in 1991 as bad cops watched along with the rest of the world, lapd sergeant stacy coon and yes, that is the man's unforgettable name. as bad cops watched him supervise the near death beating of rodney king, bad cops throughout this country realized they had have to expand their contempt for the people they were supposed to serve and protect. expand it to include anyone with a video camera aim ed at them. one night last year on this program when we showed you this video, i learned something i didn't know and had trouble believing. most important thing i learned was not on the show. it came r
so jill can keep living the good life. of washington about the future of medicare and social security. anncr: but you deserve straight talk about the options on the... table and what they mean for you and your family. ancr: aarp is cutting through all the political spin. because for our 37 million members, only one word counts. get the facts at earnedasay.org. let's keep medicare... and social security strong for generations to come. >>> bad cops learned an important lesson when they...
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Dec 4, 2012
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we have some mandatory reforms, medicare. there are some changes there and in medicaid and firm subsidies and a lot of different areas of -- farm subsidies and a lot of different areas. finally, although this does not go into the budget savings numbers, there are changes to social security. is solvent for the next 75 years and slightly more progressive. host -- making sure that social security a solvent for the next 75 years and slightly more progressive. host: establishing free income tax brackets -- three income tax brackets. what should we know about that? guest: the top rate is about 35%. it goes down 10%. what simpson-bowles does is, by broadening the base, you can take some of the revenue and lower the rates. the lower rate depends on how much you want to restrict those deductions and credits and how much revenue you want to raise for deficit reduction. you can get anywhere between 29 and 24% in terms of a top rate. there would be two other rates that would be significantly lower that we have in current law. the three r
we have some mandatory reforms, medicare. there are some changes there and in medicaid and firm subsidies and a lot of different areas of -- farm subsidies and a lot of different areas. finally, although this does not go into the budget savings numbers, there are changes to social security. is solvent for the next 75 years and slightly more progressive. host -- making sure that social security a solvent for the next 75 years and slightly more progressive. host: establishing free income tax...
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Nov 29, 2012
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like all standardized medicare supplement plans, they pick up some of what medicare doesn't pay. and could save you in out-of-pocket medical costs every year. call today to request a free decision guide. with this type of plan, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and you'll never need a referral to see a specialist. if you're thinking about your options, call today. when you call, request your free decision guide. and find the aarp medicare supplement plan that may be right for you. hurry in and try five succulent entrees, like our tender snow crab paired with savory garlic shrimp. just $12.99. come into red lobster and sea food differently. and introducing 7 lunch choices for just $7.99. >>> welcome back, everybody. according to a new government report jails in the u.s. could handle guantanamo bay detainees. the remains 166 detainees could be safely held in the u.s. six defense department prisons and 98 justice department prisons could take the detainees. supporters say the move would save millions. those
like all standardized medicare supplement plans, they pick up some of what medicare doesn't pay. and could save you in out-of-pocket medical costs every year. call today to request a free decision guide. with this type of plan, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and you'll never need a referral to see a specialist. if you're thinking about your options, call today. when you call, request your free decision guide. and...
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Nov 30, 2012
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like all standardized medicare supplement plans, they pick up some of what medicare doesn't pay. and could save you in out-of-pocket medical costs every year. call today to request a free decision guide. with this type of plan, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and you'll never need a referral to see a specialist. if you're thinking about your options, call today. when you call, request your free decision guide. and find the aarp medicare supplement plan that may be right for you. can i still ship a gift in time for christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. >>> so at roughly 12:00 p.m. eastern time, we'll learn the identity of one of the winners of the second largest jackpot in powerball history. that story developing now in dearborn, missouri, where lottery officials will make the announcement. dearborn's population, just 500 people. so you have to believe this is the t
like all standardized medicare supplement plans, they pick up some of what medicare doesn't pay. and could save you in out-of-pocket medical costs every year. call today to request a free decision guide. with this type of plan, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and you'll never need a referral to see a specialist. if you're thinking about your options, call today. when you call, request your free decision guide. and...
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Dec 4, 2012
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he's just signed off on the gop's new plan to slash medicare and social security, but avoid raising taxes on the rich. like every good makeover artist, ryan is trying to hide his flaws behind cosmetic changes but it won't fool the american people. joining me now, david corn, mother jones washington bureau chief and msnbc political analyst. his new e-book is about how he uncovered romney's original 47% video. and jamal simmons, democratic strategist and principal at the reagan group. thank you for joining us tonight. >> good to be with you. >> thank you. >> how does paul ryan's attempted makeover echo what we're seeing all across the gop? >> well, it's the old ryan in a new bottle. if you look at what just happened in the campaign, you have to say, hey, america looked at the romney/ryan approach to politics which was this libertarian approach to cutting medicare, cutting medicaid, saying if you trickle down taxes for the rich and 47% bought it. only 47%. so ryan knows if he wants to have a future as a general election candidate, he's going to have to do something different. he in a lot of
he's just signed off on the gop's new plan to slash medicare and social security, but avoid raising taxes on the rich. like every good makeover artist, ryan is trying to hide his flaws behind cosmetic changes but it won't fool the american people. joining me now, david corn, mother jones washington bureau chief and msnbc political analyst. his new e-book is about how he uncovered romney's original 47% video. and jamal simmons, democratic strategist and principal at the reagan group. thank you...
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Nov 29, 2012
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in doing so, they're talking about austerity social security security, pension, medicare, medicaid and that if we don't do that, everything in this country is going to fall apart. that's complete hypocrisy, and a lie. what we need to be talking about, and it has to be part of any package of investment, is jobs. the federal government's direct role in creating jobs for the american people. get people working. people start paying things. they feel secure disposable income and the real trickle down then begins in our economy. to avoid that issue and create this other hysteria is a disservice to the people who need work and creates anxiety among retired people about the benefits they've earned being in jeopardy. i think that's completely wrong. >> eliot: the ceos are coming down blanketing the media spreading their campaign contributions around, they are down there marketing a tax cut for their own businesses. it's almost a trojan horse. oh my goodness deficit deficit deficit, fix the tax code, and what are they proposing lowering their own taxes. it's a sham and they ought to be rolled ou
in doing so, they're talking about austerity social security security, pension, medicare, medicaid and that if we don't do that, everything in this country is going to fall apart. that's complete hypocrisy, and a lie. what we need to be talking about, and it has to be part of any package of investment, is jobs. the federal government's direct role in creating jobs for the american people. get people working. people start paying things. they feel secure disposable income and the real trickle...
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Dec 5, 2012
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[inaudible] i paid $93 a month to medicare. i pay 15% of my prescription costs, plus i pay $11.40 a month. so, when you want to take, when it should take from yourself? >> guest: great point. first of all we have. we cut congressional budgets and that's a proof reacting to do. i'm sure we will look at trying to do it again. it's hard to address individual case because you don't know what the circumstances are. if we look at the budget they don't go down, take a look. were not spending less on this program summit were a few years ago. part of that is beginning the first edges of the baby boom moving into this. nobody has a reform proposal on either side of the other would threaten any benefit this lady is currently receiving. nobody wants to do that. if we don't do things, her benefits of the affected drastically a not so we're trying to avoid. to give credit to the other side, so were they. were trying to reach some sustainable way to protect. >> host: the gop proposal doesn't include 200 billion in savings by adjusting the cos
[inaudible] i paid $93 a month to medicare. i pay 15% of my prescription costs, plus i pay $11.40 a month. so, when you want to take, when it should take from yourself? >> guest: great point. first of all we have. we cut congressional budgets and that's a proof reacting to do. i'm sure we will look at trying to do it again. it's hard to address individual case because you don't know what the circumstances are. if we look at the budget they don't go down, take a look. were not spending...
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Dec 6, 2012
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second, what medicare and other spending cuts would you propose? people propose large numbers and never fill in details. but we have filled in the details with our first step. let them tell in the details of their first step. they have not done either, so it is not much of an author -- an offer. >> they did not include having the top rates go up on the wealthiest americans. their proposal goes right back to that class. charitable deductions, mortgage relief and legislation i have had them place -- in place. there is a whole range of things you have to go through. that is the point. we are not going to do that. we have to make sure that the wealthiest help pay down this large deficit. we have large discussions going on in the senate at various places. we know what the parameters are. the president is ready, willing, and able to sit down and negotiate this. >> the statement, we have done something. we want every tax rate to go up. the interesting part, we agree it should not go up. we disagree on the top 2%. why don't we go where we agree and make su
second, what medicare and other spending cuts would you propose? people propose large numbers and never fill in details. but we have filled in the details with our first step. let them tell in the details of their first step. they have not done either, so it is not much of an author -- an offer. >> they did not include having the top rates go up on the wealthiest americans. their proposal goes right back to that class. charitable deductions, mortgage relief and legislation i have had them...
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the time to choose your medicare coverage begins october 15th and ends december 7th. so call to enroll in a plan that could give you the benefits and stability you're looking for, an aarp medicarecomplete plan insured through unitedhealthcare. what makes it complete? it can combines medicare parts a and b, which is your hospital and doctor coverage with part d prescription drug coverage, and more, all in one simple plan starting at a zero dollar monthly premium -- no more than what you already pay for medicare part b. an aarp medicarecomplete plan offers you benefits like an annual physical, preventive screenings and immunizations for a $0 copay. you'll also have the flexibility to change doctors from a network of providers dedicated to helping you stay healthy. there's more. when you enroll in an aarp medicarecomplete plan insured through unitedhealthcare, your benefits could also include vision and hearing coverage, and prescription drug coverage accepted at pharmacies nationwide. the pharmacy saver program makes prescriptions available for as little at $2 at thousa
the time to choose your medicare coverage begins october 15th and ends december 7th. so call to enroll in a plan that could give you the benefits and stability you're looking for, an aarp medicarecomplete plan insured through unitedhealthcare. what makes it complete? it can combines medicare parts a and b, which is your hospital and doctor coverage with part d prescription drug coverage, and more, all in one simple plan starting at a zero dollar monthly premium -- no more than what you already...
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Dec 4, 2012
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what's creating the fiscal crisis is and dealing with medicare and social security right now. our aim is to save those programs and expand them for the future generation. right now everybody is paying into them, paying more honestly than their parents and grandparents did and if we don't make some fixes we are going to get considerably less. medicare goes bankrupt sooner than that. so that is just sit down and deal with these things. it's a math problem. we are not talking about getting rid of the program when you're talking about strengthening them. >> host: you talk about middle class americans extended the tax cuts so they don't get hurt. "the new york times" editorial today on how the gop proposal says raising the medicare eligibility hurts working-class americans unable to work to 67. it's likely to increase health care costs. >> guest: with all respect in "the new york times" they are somewhat critical of republicans. they don't see the world the way that we do and that's fair enough. but having said that, look this is a good-faith effort, and the 67 figured that's somet
what's creating the fiscal crisis is and dealing with medicare and social security right now. our aim is to save those programs and expand them for the future generation. right now everybody is paying into them, paying more honestly than their parents and grandparents did and if we don't make some fixes we are going to get considerably less. medicare goes bankrupt sooner than that. so that is just sit down and deal with these things. it's a math problem. we are not talking about getting rid of...
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Nov 30, 2012
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it's the last day you can switch your medicare part d plan. we're ready, and we can't wait to switch. [ male announcer ] make the switch to an aarp medicarerx plan, insured through unitedhealthcare. open enrollment starts october 15th and ends december 7th. call now for a free information kit. discover why these part d plans are so popular. what i wanted was simple: the most value for my dollar. so, now that it's time, we're making the move to a plan that really works for us. plus, we'll be covered at like 60,000 pharmacies. [ male announcer ] call now and get predictable copays and plans with no deductible. you can start saving with your first prescription. aarp medicarerx plans include nearly all the drugs covered by medicare part d, so why wait. call now. [ man ] december 7th is coming. i'm glad we're switching. [ male announcer ] call now, ask about the lowest part d premium in the u.s. aarp medicarerx plans insured through unitedhealthcare. call today. ♪ oh, let me guess --ou see this? more washington gridlock. no, it's worse --
it's the last day you can switch your medicare part d plan. we're ready, and we can't wait to switch. [ male announcer ] make the switch to an aarp medicarerx plan, insured through unitedhealthcare. open enrollment starts october 15th and ends december 7th. call now for a free information kit. discover why these part d plans are so popular. what i wanted was simple: the most value for my dollar. so, now that it's time, we're making the move to a plan that really works for us. plus, we'll be...
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Dec 2, 2012
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to bring you a low-priced medicare prescription drug plan. with a low $18.50 monthly plan premium, select generic hypertension drugs for only a penny and in-store copays as low as one dollar on other generic drugs after deductible, saving on your medicare prescriptions is easy. so you're free to focus on the things that really matter. call humana at 1-800-808-4003. or go to walmart.com for details. >>> welcome back to "weekends with alex witt." at the half hour now, much of northern california is taking cover from a storm that's dropping intense rain, flooding, mud slides all a concern across the golden state. but on the east coast, eerie fog greeted them. this is the view from times square. dylan dreyer is here with more details. >> we were talking about record-breaking high temperatures in the middle. so things are all over the place. and the main focus is what is going on across northern california. the good news is the heaviest of the rain that we saw is starting to push east. even tomorrow in san francisco, we'll see some sunshine before
to bring you a low-priced medicare prescription drug plan. with a low $18.50 monthly plan premium, select generic hypertension drugs for only a penny and in-store copays as low as one dollar on other generic drugs after deductible, saving on your medicare prescriptions is easy. so you're free to focus on the things that really matter. call humana at 1-800-808-4003. or go to walmart.com for details. >>> welcome back to "weekends with alex witt." at the half hour now, much of...
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Dec 5, 2012
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and paul ryan doesn't want to be the grinch that stole medicare. paul ryan is standing there right now. what do you think? are these guys going to succeed? are they the future? >> if i was paul ryan, i would want to be something else. if i was selected vice president and i got slaughtered in my -- and my candidate got slaughtered in my home state, i would be looking to have a makeover also. i don't blame him. i think that senator rubio could run on anything he wants. i agree. if he wants to run on economic expertise, perceived economic expertise, it's a good thing for him to do it. he should do that. it's apparently what he believed before. if he wants to change his mind, that's his business too. i don't fault any of these guys. and 2016, the political commentators, the more politics, the better it is. >> looks like we're starting tonight, james ryan. >> yeah, all for it. he's great. >> this is actually a really interesting development, in my view. i think if you're looking at paul ryan, one thing you hear from folks in the ryan camp, is that he wa
and paul ryan doesn't want to be the grinch that stole medicare. paul ryan is standing there right now. what do you think? are these guys going to succeed? are they the future? >> if i was paul ryan, i would want to be something else. if i was selected vice president and i got slaughtered in my -- and my candidate got slaughtered in my home state, i would be looking to have a makeover also. i don't blame him. i think that senator rubio could run on anything he wants. i agree. if he wants...
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Dec 7, 2012
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on between folks who try to categorize the current income as long-term capital gains and there's a medicare fraud. i don't think people -- the of the hugely supportive of bipartisan efforts and they said recently, you know, the republican colleagues i don't think that we have a vested in a major way in that kind of what it means to go through tax reform discussion. we really get down to the details because i know it's going to be painless and you have to go through that debate because of the end of the day there are many that say let's go to brazil as opposed to hear cutting and then get them back and that would be a valid exercise. >> don't tax you, don't tax me coming and you will find that out. estimate on the second piece and then on the second piece. the first piece, the danger with putting the goals in the savings and cuttings and taxes in its regular order i'm afraid the regular order won't produce the results. to build another fiscal what on pressure which puts us right back where we are or have a default mechanism which the policy set aside that was sides don't like about media is
on between folks who try to categorize the current income as long-term capital gains and there's a medicare fraud. i don't think people -- the of the hugely supportive of bipartisan efforts and they said recently, you know, the republican colleagues i don't think that we have a vested in a major way in that kind of what it means to go through tax reform discussion. we really get down to the details because i know it's going to be painless and you have to go through that debate because of the...
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Nov 29, 2012
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there were additional revenues fenced off for medicare by extending the cap on medicare. at that time, it had a gap. all of the other taxes in there were primarily related to use or consumption. it met the criteria established by the republicans in the senate and the republicans in the house. we presented that to the committee as a whole. to the participating members of the republicans but dissipating in the process on the house and senate side as a whole. i had a specific conversation with both gramm individually and gingrich individually. it was agreed we had met the criteria. i am not positive of the numbers. i believed it was something like 375 or $380 million in cuts. $125 million in revenue in the first package. roughly three-one. the white house was under the assumption this was acceptable, everybody we had contacted who was part of the process agreed to it. we sat down with the democrats, confirmed to them that we had a deal. tom and george mitchell went back to their much larger gaggle. they had the majorities in the house and senate. finally, the leadership in c
there were additional revenues fenced off for medicare by extending the cap on medicare. at that time, it had a gap. all of the other taxes in there were primarily related to use or consumption. it met the criteria established by the republicans in the senate and the republicans in the house. we presented that to the committee as a whole. to the participating members of the republicans but dissipating in the process on the house and senate side as a whole. i had a specific conversation with...
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seriously, there is this body called the independent advisory board, which is designed to save money out of medicare, spread best practice. who better than mitt romney who's greatest achievement of governor of massachusetts, good enough to put in his portrait in massachusetts, out him as governor. who better to bring republicans into this cost cutting, health expansion, mitt romney. >> i know about 75 staffers. i'm trying. who are all better at anything involving that than this guy. but, so there's going to be the driveway. right? romney doesn't have to do the driveway microphones moment, but that's an interesting choice for him. does he do it? not do it? >> apparently, that's not going to happen. if you read jay carney's announcement of this, this will be a private lunch in the private dining room. it will be closed press. i mean -- >> you do have to enter and exit the building and -- >> it depends if his driver nows how to go down the west lobby and side, he could get exposed. every reporter is going to be waiting for him to answer those questions. >> what's our sense of how long he'll take to lea
seriously, there is this body called the independent advisory board, which is designed to save money out of medicare, spread best practice. who better than mitt romney who's greatest achievement of governor of massachusetts, good enough to put in his portrait in massachusetts, out him as governor. who better to bring republicans into this cost cutting, health expansion, mitt romney. >> i know about 75 staffers. i'm trying. who are all better at anything involving that than this guy. but,...
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Nov 29, 2012
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. >> oh i don't think we should make changes to medicare. it's not responsible for the deficit and debts. neither is social security. you're right, medicare and social security have long-term fiscal challenges. they need to be dealt with. i don't agree with connect connecting those to the deficit and debt program not created by those programs. >> i want to switch gears. as a senior member of the house intelligence committee i want to talk about benghazi. let me quote. part of what you said, there should be a laser-like focus on going after those responsible. but in the blur of partisan wrangling over talking points we seem to have lost sight of the vital objective. some on capitol hill and elsewhere seem determined to go after another bright diplomat ambassador susan rice. i want to talk about finding those responsible. the fbi seasonisn't saying much. from what i know we have heard zero about arrests. what can you tell us about these perpetrators? >> well, i can tell you that we still have a lot of work to do. the intelligence community is
. >> oh i don't think we should make changes to medicare. it's not responsible for the deficit and debts. neither is social security. you're right, medicare and social security have long-term fiscal challenges. they need to be dealt with. i don't agree with connect connecting those to the deficit and debt program not created by those programs. >> i want to switch gears. as a senior member of the house intelligence committee i want to talk about benghazi. let me quote. part of what...
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Nov 30, 2012
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covered by 90% of insurance plans, including medicare. find your co-pay at myflexpen.com. >>> it was a random act of kindness that touched the entire nation when officer larry deprimo bought this homeless shoeless man a pair of boots. he didn't think it was a big deal at the time. >> when the nypd posted this single photograph online it got 30,000 comments. how wonderful. an officer and a gentleman. another one, you made your mother proud, young man. and another one, the officer deserves a medal. joining us here at the table, officer larry deprimo. good morning. >> good morning. >> we've all been talking about this story since it was in the paper. cop bought homeless guy shoes. heart and sole. why did you do it? there are many homeless people on the streets of new york. many cold nights. why this man? >> biggest two things that night, it was extremely cold out and this gentleman didn't even have a pair of socks on. and you could see the blisters from like 10, 15 feet away. >> how bad were they? >> probably about the size of my palm. and i
covered by 90% of insurance plans, including medicare. find your co-pay at myflexpen.com. >>> it was a random act of kindness that touched the entire nation when officer larry deprimo bought this homeless shoeless man a pair of boots. he didn't think it was a big deal at the time. >> when the nypd posted this single photograph online it got 30,000 comments. how wonderful. an officer and a gentleman. another one, you made your mother proud, young man. and another one, the officer...
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Nov 30, 2012
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so when i found out medicare doesn't pay all my medical expenses, i got a medicare supplement insurance plan. [ male announcer ] if you're eligible for medicare, you may know it only covers about 80% of your part b medical expenses. the rest is up to you. call and find out about an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, it could save you thousands in out-of-pocket costs. call now to request your free decision guide. i've been with my doctor for 12 years. now i know i'll be able to stick with him. you'll be able to visit any doctor or hospital that accepts medicare patients. plus, there are no networks, and you never need a referral. see why millions of people have already enrolled in the only medicare supplement insurance plans endorsed by aarp. don't wait. call now. ♪ >>> i'm disappointed in where we are and disappointed in what's happened over the last couple of weeks. but going over the fiscal cliff is serious business. and i'm here seriously trying to resolve it. and i would hope the
so when i found out medicare doesn't pay all my medical expenses, i got a medicare supplement insurance plan. [ male announcer ] if you're eligible for medicare, you may know it only covers about 80% of your part b medical expenses. the rest is up to you. call and find out about an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, it could save you thousands in out-of-pocket costs. call now to request your...
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Nov 29, 2012
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testing medicare. there's a bunch of stuff you can do to medicare. >> and mostly capping payments. >> that would be the holy grail. but there's a bunch of stuff you can do in the short run that will save some money. we can take the fight outside about whether you raise the eligibility age for medicare or not. that is where a lot of the big money is at if you're going to raise the retirement age for social security, it does kind of make sense to do it for medicare. fundamentally, michael, i take your point that the republicans rn are not going to give on taxes without seeing spending here where we can smell, touch and feel it, but you can do that. there are proposals out there to address medicare, to address social security, to address discretionary spending that would give republicans as much confidence as democrats get on taxes that it's all a package. >> i see your point, and i agree with that. and you actually have members right now in the house coming out slowly but certainly in the senate talking
testing medicare. there's a bunch of stuff you can do to medicare. >> and mostly capping payments. >> that would be the holy grail. but there's a bunch of stuff you can do in the short run that will save some money. we can take the fight outside about whether you raise the eligibility age for medicare or not. that is where a lot of the big money is at if you're going to raise the retirement age for social security, it does kind of make sense to do it for medicare. fundamentally,...
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Dec 6, 2012
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with respect to medicare, we do have a very different approach to dealing with medicare. there is no doubt we have to bring down medicare health-care cost growth. the difference is that we believe we should expand on the kind of reforms that we made in the affordable care act, where we achieved billion about $716 billion in savings, not simply by across the board provider cuts, but by changing the incentive structure, the way we pay providers so we focus on the value of care, not the volume of care. i think it is ironic that we have gone in the last four weeks from many of our republican colleagues criticizing the president for having done too much in savings on medicare, $716 billion -- their presidential candidate proposed putting that money back in, in other words adding $716 billion back into the cost of medicare, to complaining the president does not want to do enough. >> who was that presidential candidate? anyone remember? >> i do not want to relitigate the campaign, but it is an important point, i think, which is he proposed that we put the $716 billion net cost b
with respect to medicare, we do have a very different approach to dealing with medicare. there is no doubt we have to bring down medicare health-care cost growth. the difference is that we believe we should expand on the kind of reforms that we made in the affordable care act, where we achieved billion about $716 billion in savings, not simply by across the board provider cuts, but by changing the incentive structure, the way we pay providers so we focus on the value of care, not the volume of...
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Nov 30, 2012
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medicare is solvent. and let me just turn -- medicare is solvent. medicare is solvent. medicare is solvent. and it is strong. it is solvent until 2024. social security, which is not even an issue, has nothing to do with this deficit. it's a trust fund. more importantly, it is solvent until 2037. let me repeat myself that medicare is solvent, social security is solvent until 2037. that is really a lifetime. and the gentleman has made a very good point that i would like to pursue in discussing fiscal deadlines. i have washed my mouth out with soap and will no longer yield to terminology that has been used that is falsifying where we are. let me first go over -- and i'm going to mix some apples and oranges a little bit what the president has offered us. i know we've heard it, but let me reinforce the fact, and my numbers are going to be not precise but i'm going to say that 1.2, 1.1, over one trillion in tax cuts. then war dividend, peace dividend of about one trillion. i will say war savings. i have signed on to expedite the return of our heroes from afghanistan, move int
medicare is solvent. and let me just turn -- medicare is solvent. medicare is solvent. medicare is solvent. and it is strong. it is solvent until 2024. social security, which is not even an issue, has nothing to do with this deficit. it's a trust fund. more importantly, it is solvent until 2037. let me repeat myself that medicare is solvent, social security is solvent until 2037. that is really a lifetime. and the gentleman has made a very good point that i would like to pursue in discussing...
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Dec 4, 2012
12/12
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CNNW
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but led's look at the medicare argument. if you're a single man born in 1945, that means you're approaching 70, on medicare. if you made about $20,000 a year during your career, that was your average, then in medicare taxes, you paid about $18,000, roughly $18,000 to $20,000 in taxes. if you made about $110,000 a year in your career, you paid about $88,000 to the government in medicare taxes. that's what you paid in. a lot of conservatives are saying you need to change the program. this is one of the reasons why. this is what you get out. if you paid $18,000, you're getting ten times out over the course of your lifetime in benefits. you paid about $88,000 in, you're getting a 2-1 deal, more than $200,000 in benefits. so conservatives and republicans say we've got to change this program somehow. we have to take some money out of medicare, reduce the costs. here's one of the reasons that's essential. if you look through the '70s, '80s, '90s, even up to now, the green is the revenue, the red line is the cost. roughly the money
but led's look at the medicare argument. if you're a single man born in 1945, that means you're approaching 70, on medicare. if you made about $20,000 a year during your career, that was your average, then in medicare taxes, you paid about $18,000, roughly $18,000 to $20,000 in taxes. if you made about $110,000 a year in your career, you paid about $88,000 to the government in medicare taxes. that's what you paid in. a lot of conservatives are saying you need to change the program. this is one...
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Dec 4, 2012
12/12
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he has not been deposited at all on medicare. the president has been specific on all of these things. guest: we had the right and budget, which was very specific on all of these things. -- of the paul reihan budget, which was very positive on all these things. democrats hammered those cuts as a savage. they hammered them again when it came out with reconciliation cuts. we forget that the republicans passed two bills that take care of the fiscal cliff. they extend of the tax cuts and a change the sequestration. the democrats hammer them on that each time. they are not going to give the democrats a chance to hammer them once again. host: our democrats putting deductions and loopholes and specifically on the table? guest: yes, the president has been very specific. he has said, first things first, let's let the high end tax cuts expire and lock in these trillion dollars savings. then he says on deductions, let's cap the major ones, the mortgage interest, the charitable, the state allen local -- and local. the banker's comments of get
he has not been deposited at all on medicare. the president has been specific on all of these things. guest: we had the right and budget, which was very specific on all of these things. -- of the paul reihan budget, which was very positive on all these things. democrats hammered those cuts as a savage. they hammered them again when it came out with reconciliation cuts. we forget that the republicans passed two bills that take care of the fiscal cliff. they extend of the tax cuts and a change...
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Nov 30, 2012
11/12
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.% medicare tax added to it. 3.8%. 0.9%, mr. speaker, that's an increase in the medicare tax on the earned income of these folks. 3.8% increase on the unearned income, 0.9% increase on the earned income. 2.7%, mr. speaker. that's the medicare tax that that top 1% is already paying on all of their earned income today. it's going to go up another .9. they are already paying 2.7. the president says that's not enough. let me do some quick math here. they are only gg to have to pay one, mr. speaker, either the unearned income tax or earned income tax that would be 3.8% either way. they are paying 39.8, plus this 15.3, of course, on all those dollars that are subject to medicare and social security under the cap today, plus another 6% the average rate for state income tax today. let me add those. my home state of georgia, let me come back over here to these middle class taxpayers that appear to be paying 46.3% as a marginal rate of every dollar they earn. back over here to the high income folks, before they pay their payroll taxes, we
.% medicare tax added to it. 3.8%. 0.9%, mr. speaker, that's an increase in the medicare tax on the earned income of these folks. 3.8% increase on the unearned income, 0.9% increase on the earned income. 2.7%, mr. speaker. that's the medicare tax that that top 1% is already paying on all of their earned income today. it's going to go up another .9. they are already paying 2.7. the president says that's not enough. let me do some quick math here. they are only gg to have to pay one, mr. speaker,...